Your Broker Knows Blog

CARM: Everything You Need To Know In One Place
Lisa Stevenson

With Release 1 of the Canada Border Services Agency (CBSA) Assessment and Revenue Management (CARM) right around the corner, many importers are wondering how it will affect them and what they need to do to prepare. In Release 1, Importers will be able to create a CARM Client Portal (CCP). But what does this portal do and what MUST an importer use it for? To answer those questions, we interviewed our Canadian Regulatory Analyst, Gloria Terhaar, and Operations Manager, Cherie Storms to help guide you on your CARM quest.

May 20, 2021
CARM | Financial Statement Changes in Release 2
Jan Brock

Canada Border Services Agency (CBSA) Assessment and Revenue Management (CARM) is a large multi-year project which started in 2016 with the Accounts Receivable Ledger (ARL).With release 2 of CARM, changes will be made to ARL. Keep reading to learn more.

May 14, 2021
CARM | Billing Cycle Changes
Jan Brock

CBSA Assessment and Revenue Management (CARM) is a Canada Border Services Agency (CBSA) multi-year project to simplify and modernize the accounting and data management systems to provide the commercial trade community with a streamlined method of interaction with CBSA.

May 14, 2021
CARM | B3 And B2 Will Be Replaced By CAD
Jan Brock

The Canada Border Services Agency (CBSA) Assessment and Revenue Management (CARM) will introduce a new Commercial Accounting Declaration (CAD) in Release 2 which is scheduled for Spring 2022. The CAD will enhance and replace the current B3 (Customs Coding) and B2 (Request for Adjustment) processes. 

May 14, 2021
Golf Carts, Race Cars, Vehicle Parts and Other Non-Regulated Vehicle Imports
Jan Brock

With summer right around the corner, and many Canadians wanting to enjoy the great outdoors, we thought we would address common questions surrounding vehicles used for hobbies. Whether you are looking to purchase a golf cart, UTV, segway, e-bike, or work on your hobby car project by importing some vehicle parts, these are the regulations you will need to know and follow.

May 13, 2021
Canada’s Rules On Marking And Labeling Imports
Jan Brock

Marking and labeling requirements are largely unknown to many foreign exporters looking to import their products into Canada. We are often asked what requirements these companies must meet. However, this can be a tricky subject for Customs Brokers to cover as some labeling requirements fall outside of Customs Act legislation which is enforced by the Canada Border Services Agency (CBSA), whereas marking requirements do.

May 12, 2021
CARM | 3 Tips To Delegating Your Account Management
Jan Brock

Next month, the Canada Border Services Agency (CBSA) Assessment and Revenue Management (CARM) is scheduled to release phase 1 of the CARM Client Portal (CPP). In this blog we will discuss how you can assign your CCP to a third party along with a few tips on how to make the process smooth. Delegating your CARM account management is a fairly easy process, however due care should be paid when assigning such an important role.

April 29, 2021
CARM | Your Guide To The Client Portal
Jan Brock

With the CBSA Assessment and Revenue Management (CARM) Release 1 just around the corner, we thought we would take this opportunity to share what we know about it so far. In this blog you will learn about the steps all Canadian importers must take to ensure they are ready for CARM Release 1 May 25, 2021, which includes setting up a CARM portal and delegating user roles.

April 22, 2021
When To Seek Outside Trade Counsel
Cherie Storms

From large to small corporations, at some point in their history, companies will decide if a situation warrants the intervention of outside counsel. Outside counsel can range from a second opinion from a trade advisor or the representation of an international trade lawyer. So what warrants the involvement of each? In this blog, we will discuss the various factors that come into play when making this decision and a few situations in which we recommend getting experienced help.

April 14, 2021
The Cost Of CBSA Examinations
Jan Brock

At some point in every importer's history they will undergo an Canada Border Services Agency (CBSA) examination. Therefore, it’s important to understand the costs associated with one. Keep reading to learn about the examination process and how it affects your imports.

April 8, 2021